New Tax Credit Requirements to Limit Qualified Electric Vehicles for Tax Breaks

Beginning April 18, a new set of requirements that qualify certain electric vehicles for tax credits are set to change. Cheddar News reporter Chloe Aiello talks a change in tax code and what Americans purchasing EVs can expect. "The bill also requires eligible vehicles to be assembled in North America, which Reuters reported, eliminates about 70 percent of EVs currently on the market," she said.

More In Business

Why Century21 Real Estate CEO Says Home Prices Are Finally Set to Drop

Mike Miedler, CEO of Century21 Real Estate, on why home prices are expected to drop. And what else you need to know about the real estate market right now!

SukuPay CEO on Becoming the First Crypto Infrastructure Embedded in a Major Latin American Bank App

SukuPay CEO, Yonathan Lapchik, discusses the app's historic milestone, becoming the first crypto infrastructure in a leading bank app in Latin America.

McDonald’s is bringing back snack wraps on July 10

McDonald’s says it's bringing back a fan favorite menu item it discontinued nearly a decade ago.

Dave’s Hot Chicken sold to Subway owner in a $1 billion deal

Dave’s Hot Chicken said Monday it has been acquired by private equity firm Roark Capital in a deal valued at $1 billion.

Tribeca Festival 2025: Where Innovation Meets Storytelling in the Heart of NYC

Tribeca Enterprises President, Chris Brady, reveals what film fans can get expect at this year's festival. Watch!

At-home health tests proliferate across a variety of conditions

Self-administered at-home tests are available for everything from thyroid function to HIV to cervical cancer.

Campbell’s Co. says sales rise as more Americans cook meals at home

The Campbell’s Co. said Monday it saw stronger sales of broth and condensed soup in its latest quarter as more Americans cooked their meals at home.

Why Trump and Putin won’t find it easy to talk business after Ukraine

Would U.S. companies go back to Russia if there’s a peace deal over Ukraine?

States are rolling out red carpets for data centers, but not all

The explosive growth of the data centers is eliciting some pushback.

Pride events face budget shortfalls as corporations pull support

After years of sponsoring LGBTQ+ Pride events around the country, some companies are pulling their financial support.

Load More